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of deficits and budget. bl >> belva: dan, what about the state? what shape will the state be in? because this is all about services to people. >> well, i think they'll be in a big pickle. they are going to be in a situation unless the economy picks up very dramatically and there are absolutely no signs that california is going to come to boom any time soon. then, what you are dealing with here is basically a state budget that is anywhere between 10% and 15% out of whack. that the revenues are 10% to 15% below their spending commitments. and that's going to be very, very painful. you're going to see it in a lot of things. but you know, there's -- on the other hand, and there is always another hand in politics, if he's successful and gets this thing passed, he also runs the risk of kind of a volatility. he's basically betting the state's future on a handful, basically, 150,000 california taxpayers, out of 38 million people, that they are going to do well enough to raise all this money that he thinks he's going have coming from this ballot measure. that's a little bit scary, too, particular
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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